FX.co ★ EUR/USD for February 26,2020 - The upward target at the price of 1.0886 has been reached, potential for further upside and test of 1.0940.

EUR has been trading upwards as I expected. The price tested the level of 1.0908 and reached my yesterday's target at 1.0887. The Pitchfork warning line 2 at the price of 1.0887 is acting like support and there is chance for further upside movement towards the levels at 1.0920 and 1.0940.

I would watch for buying opportunities on the dips using the intraday frames 15/30 minutes. The upward targets are set at the price of 1.0920 and 1.0940.

MACD oscillator is showing positive reading above the zero, which is sign that upward pressure is still present.

Resistance levels are set at the price of 1.0907, 1.0920 and 1.0940.

Support levels are set at the price of 1.0865 and 1.0830